The reshuffle in the top three cryptocurrencies by market cap comes after Ethereum spent several weeks behind XRP.

As Ethereum overtakes Ripple by market cap once again, change is afoot in the crypto top 3

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Ethereum (ETH) has beaten Ripple (XRP) to reclaim its position as the largest altcoin by market cap, data from CoinMarketCap confirmed on Jan. 2.

As part of a return to positive gains throughout the top twenty cryptocurrency assets through Tuesday, ETH — which had spent multipleweeks in the number three spot — suddenly reemerged, at press time surpassing XRP’s market cap by around $500,000.

The move comes on the back of fresh controversy for both XRP and its relationship with payment network Ripple.

Ethereum, which Justin Tron had criticized for failing to capitalize on progress in its development roadmap, gained 8.3 percent in the 24 hours to press time, making it the best performer in the top twenty.